---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001461"
form_type: "8-K"
ticker: "RGP"
cik: "0001084765"
company_name: "RESOURCES CONNECTION, INC."
filed_at: "2023-10-04T23:59:59+00:00"
generated_at: "2026-06-10T04:31:36.120980+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RGP Q1 revenue $170.2M (-17% constant currency); diluted EPS $0.09 vs $0.53 YoY

## Summary
- Revenue of $170.2M, down 16.6% from $204.1M YoY; constant currency decline of 17.0%.
- Net income of $3.1M ($0.09 diluted EPS) vs $18.1M ($0.53) in prior year.
- Gross margin fell to 39.4% from 40.9%; SG&A rose to 35.2% of revenue from 27.6%.
- Adjusted EBITDA margin dropped to 6.8% from 15.0%; cash dividend maintained at $0.14/share.
- Management cited macro headwinds, longer sales cycles; liquidity improved to $286.8M.

## SEC filing metadata
- accession: 0001157523-23-001461
- form_type: 8-K
- ticker: RGP
- cik: 0001084765
- company_name: RESOURCES CONNECTION, INC.
- filed_at: 2023-10-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084765/000115752323001461/0001157523-23-001461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084765/000115752323001461/a53576734.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001461
- JSON: https://secwatch.observer/filing/0001157523-23-001461.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001461.txt

## Key facts
- Earnings Releases
  RESOURCES CONNECTION, INC. reported fiscal first quarter ended August 26, 2023 results: revenue $170.2 million, net income $3.1 million, EPS $0.09.
  - Period: fiscal first quarter ended August 26, 2023
  - Revenue: $170.2 million
  - Net income: $3.1 million
  - EPS: $0.09
  - Result: reported results
  source text: firm, today announced financial results for its fiscal first quarter ended August 26, 2023. First Quarter Fiscal 2024 Highlights Compared to Prior Year Quarter: Revenue of $170.2 million compared to $204.1 million Same-day constant currency revenue, a non-GAAP measure, declined 17.0% Gross margin of 39.4% compared to 40.9% Net income of $3.1 million (net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084765/000115752323001461/0001157523-23-001461-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.